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Ganduje blasts Emefiele, says CBN gov fighting back for losing presidency

...Set to summon bank managers in Kano

BizPoint by BizPoint
February 6, 2023
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Ganduje blasts Emefiele, says CBN gov fighting back for losing presidency
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Governor Abdullahi Umar Ganduje of Kano state has lambasted the governor of Central Bank of Nigeria, CBN, Godwin Emefiele over implementation of naira swap policy.

In a statement by his Chief Press Secretary, Abba Anwar, Ganduje said the new money policy, introduced by Emefiele is ill timed.

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According to Ganduje, who made the scathing criticism during electioneering campaign rally, held in Tsanyawa Local Government on Sunday, Emefiele had untimely implemented the policy as “fighting back strategy for failing to get presidential ticket under the ruling All Progressives Congress (APC).”

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The Governor, according to the statement, emphasized that, “The CBN Governor is only doing this to cause confusion in the forthcoming elections for not just reason.

“He has not been in good mood for long, because he failed to secure Presidential ticket on the platform of our great party, the APC,” Ganduje was quoted as saying in the statement.

READ ALSO:Naira notes scarcity, a blessing to Nigeria’s economy? -By Jamilu Abdusaalam

He insistied that Kano state government and APC in the state are totally against the action of the CBN Governor.

“Currency redesign is done across the globe, but not in the way we are witnessing in our country. The timing is wrong, the deadline given is very wrong and deliberate,” he said.

Part of the measures taken by the governor to cushion the effects of the hardship caused by Naira swap development, he reveals that, “We will summon bank managers very soon to interrogate the shortage of new Naira notes in banks.

“They should come over and explain to us, why our people are still suffering over this issue of Naira Swap. And i will go to them individually to supervise what is happening and why,” the governor disclosed.

On palliative measures, Ganduje reminded that, during COVID-19 pandemic state government distributed palliatives to citizenry across all the 44 local governments.

Disclosing that, “We have a plan in the pipeline to start distributing palliatives very soon across all the 44 local governments, to cushion the effect of the hardship caused by the CBN Governor, to our people.”

At the palaces of the District Heads of Kunchi and Tsanyawa local governments, he urged community leaders to create awareness within their jurisdiction to let people know that, “… hardship people facing is singlehandedly caused by the CBN Governor, to purposely cause confusion in our democratic process.”

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